An interesting note for me is that, on average, socialist systems are better and more efficient at developing forms of capitalism out of feudalism. A revolutionary nationalist period is almost a bound requirement for capitalism to develop.
That’s kind of Branko Milanovic’s argument in Capitalism, Alone. Good book, even though I disagree about a lot of its conclusions (mainly that China is clearly “state capitalist”).
An interesting note for me is that, on average, socialist systems are better and more efficient at developing forms of capitalism out of feudalism. A revolutionary nationalist period is almost a bound requirement for capitalism to develop.
That’s kind of Branko Milanovic’s argument in Capitalism, Alone. Good book, even though I disagree about a lot of its conclusions (mainly that China is clearly “state capitalist”).
I do as well.